Actusnews Wire - Professional broadcaster of corporate and regulated information, authorised by the AMF and the CSSF.

  AGTA RECORD company press release from 25/01/2018

  25/01/2018 - 18:00

2017 sales growth of more than 4% to EUR 367 million in line with expectations


Consolidated sales 2017 (January 1 through December 31, 2017)

In EUR million - unaudited 2017 2016 Change
Total 12 months 367.1 351.9 +4.3%
12 months sales at constant exchange rates 371.6 351.9 +5.6%

The maintenance and service business contributed with growth of more than 3%, which happened on top of high growth in 2016, to overall sales growth and achieved sales of EUR 146.8 million in 2017.

The weakness of the British Pound and to a smaller extent of the Swiss Franc (especially towards the end of the year) reduced 2017 total sales by EUR 4.5 million.

Profitability is expected to increase overproportionately and according to plan, with additional improvement potential in France and the UK. The restructuring efforts of the past and additional benefits from the supply chain contributed to margin increases in 2017.

 

Next media release: Annual results 2017: 23 April 2018 before trading

About agta record   Contact
Ranking among the top players in the global market for automatic pedestrian doors, agta record calls on its integrated technological and commercial know-how.
The Group's extensive expertise covers the design, production, marketing, installation and maintenance of a large range of automatic doors.
Headquartered in Switzerland, agta record sells its products and services across the globe and is directly present with subsidiaries in 17 countries. agta record is listed on Euronext Paris, foreign stocks. ISIN: CH0008853209
  agta record
Hubert Jouffroy - Chairman of the Board
Tel. + 33 6 07 44 56 12
Email: info@record.group
Web: www.record.group
ACTUS finance & communication
Amalia Naveira - Tel. + 33 4 72 18 04 90